Nvidia Q3 Earnings: Are We Nearing A Top?
Folks, we just may be nearing a market top if Nvidia (NASDAQ: NVDA) is any sort of signal.
The leader of the semiconductor manufacturers has reported its third quarter financial results, beating all analyst estimates. And yet, it went red in after hours trading on Thursday following the release of the results.
Is it the market top? Or is it a result of forward guidance? Or is the market just starting to cycle investment dollars elsewhere?
Lets dive in.
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As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.